The Best Entertainment Era

When he left the Ginza business district, Robert Iger was not as relaxed as he was when he came, and his face was full of thoughts. After all, this is related to his future career development.

Walt Disney is huge in scale, but has fierce internal disputes. In the next one to two years, Roy Disney and Michael Eisner will inevitably break out fierce internal battles, and he, who was promoted by Michael Eisner, can Avoid getting involved in this vortex, and also stay in the island branch for a long time.

To stay in Disney, you can only be one of the heads of a certain department or branch.

The scale of Relativity Entertainment is much smaller than that of Disney, but its development momentum is rapid. It already has a basic production and distribution industry chain, and if he agrees, he will be the executive president.

This is the coveted business manager position.

Walt Disney and Relativity Entertainment have their own advantages and disadvantages, how should I choose? Robert Iger found out that Ronan Anderson was giving him a huge problem.

Although there are all kinds of complaints in his heart, without the invitation of Ronan Anderson, he knows that he will continue to stick to Disney.

The position of CEO is really very tempting.

When Robert Iger returned to the company, he sat in the office and didn't have the heart to deal with the work. He was thinking about this matter and weighing the pros and cons.

It's not an easy decision.

It suddenly occurred to Robert Iger that Jerry Katzenberg seemed to have a good relationship with Ronan Anderson. Embassy Pictures, a subsidiary of Relativity Entertainment, also released DreamWorks Animation Studio's Shrek. Maybe you can find Jerry Von Katzenberg inquired about the specific situation of Relativity Entertainment.

Even Robert Iger didn't realize that he was actually biased.

Ronan returned to the Peninsula Hotel where he was staying and met the team that ended the day's negotiations. Scott, as the person in charge, reported to him the latest progress of the negotiations.

The financing negotiations with the island nation's long-term credit bank have reached the final stage, and only a few detailed terms remain.

This is undoubtedly good news.

In the evening, the person in charge of the South Korean branch of the embassy film industry called and once again told about the urgency of several large entertainment companies in Seoul to invest in Hollywood.

It's a pity that these Korean companies don't have huge financial capital like long-term credit banks,

Their own strength is not very strong, and the funds that can be invested in the foundation are limited. Otherwise, they can get hundreds of millions of dollars in investment from them, and there is no need to continue arguing with the islanders here.

But the funds of tens of millions of dollars are also meat, and it is also a boost to the development of Relativity Entertainment.

The next day, as negotiations between the Pacific Film Foundation and Long Term Credit continued, Ronan received a call from Jeff Katzenberg, whom Robert Iger had just contacted .

Although Robert Iger did not say any tendentious words to Jeff Katzenberg, he began to inquire about the situation of Relativity Entertainment from the side, indicating that he has moved closer to the position of executive president.

Ronan is very aware of his own strengths and weaknesses. As the scale of Relativity Entertainment continues to expand, the company needs a professional manager with sufficient operational capabilities. Robert Iger is a more suitable one among the candidates he has an impression of.

In his previous life, Robert Iger ended Disney's internal turmoil, led Disney to rise again, and created a situation in which Di Baobao's family dominates.

Maybe the current Robert Iger is not a few years away, but Relativity Entertainment is not a behemoth like Walt Disney.

Moreover, Ronan will personally control the company's development direction and strategic decisions.

In the future, the CEO of Relativity will not only be responsible for the company's internal and external business, but also be able to make a difference in expansion.

In the past, the most important acquisitions of Di Baobo, in addition to the ABC TV station being completed by Michael Eisner, other mergers and acquisitions such as Pixar Studios, Marvel Comics, Lucasfilm and 20th Century Fox All cases were completed under the single-handed leadership of Robert Iger.

Especially Pixar Studios, which is the key to the re-emergence of Disney Animation Studios, and Lucasfilm, which has the world's largest special effects company and the largest film IP, Robert Iger has played an extremely important role in the transaction.

Whether it was the stubborn and terrible Steve Jobs who was thoroughly offended by Michael Eisner during his tenure, or George Lucas, the richest man in the film industry, Robert Iger personally came to persuade him.

Relativity Entertainment will definitely merge some companies in the future. If Robert Iger joins, I believe it will play a lot of role.

Three days later, Ronan and Robert Iger met again, and the topic of the two sides quickly advanced to position power and company development planning.

Although Robert Iger is still saying that it takes time to think about it, his attitude has completely turned to the CEO of Relativity Entertainment.

Most people will choose the latter as the director of a department of the six major Hollywood companies and the top executives of medium-sized companies.

The negotiation with Robert Iger was relatively smooth. On the other hand, the team led by Scott also ended the financing negotiations with the island country's long-term credit bank. The two parties finally reached a financing agreement that was nearly 100 pages thick.

The most critical part of this agreement is undoubtedly the amount and method of financing of the Pacific Film Foundation, as well as the investment and income of the long-term credit bank.

The Pacific Film Fund launched a total of three phases of financing to the Pacific Film Foundation in the form of interest-bearing bonds. The first phase of financing is 200 million US dollars. Within one month after the two parties formally sign the contract, the long-term credit bank will inject it in two installments within four months. foundation.

The first phase of financing lasts for three years, starting when the funds arrive in the foundation's account. After three years, the Pacific Foundation needs to repay the principal of the island country's long-term credit bank bonds and 12% interest.

This investment rate is also the result of the two sides' multi-party negotiations. No matter Ronan's side or the long-term credit bank's side, they are basically quite satisfied.

After the first phase of financing is fully credited, the Pacific Film Fund can initiate the second phase of financing from the long-term credit bank according to actual needs. .

The actual amount will be adjusted according to the long-term credit bank's own funding situation.

After the second period, the two parties will cooperate in the third period.

The agreement clearly stipulates that all the financing initiated by the Pacific Fund to the long-term credit bank can only invest in the film projects of Shahai Entertainment, but the specific investment in which film, as well as the specific work of investment, production and distribution of the film, the long-term credit bank has no right to interfere .

The island country's long-term credit bank has no idea of ​​intervening. What they value is the return that the investment can bring.

This is the main clause of investment and income. As for the details, there are too many clauses. There are hundreds of clauses in total, and the drafted formal contract is enough to cover nearly a hundred pages.

For example, in the event of a dispute between the two parties, Los Angeles will be used as the place of contract execution.

Islanders have invested in the United States for many years and are very familiar with the United States, so they are not afraid to fight a cross-border lawsuit with an American company.

In addition, if the Pacific Film Fund fails to complete the repayment of the first phase of financing on time, Long-Term Credit Bank has the right to unilaterally suspend subsequent investment.

The Pacific Film Foundation reached a financing agreement with the Long-term Credit Bank of the island country, which solved the most needed funding budget for the Relativity Entertainment film production plan, and also allowed Ronan to draw more funds to invest in Netflix.

This can effectively promote Ronan's overall plan.

When the investment agreement was formally signed, Ronan was in a great mood, but he also maintained enough vigilance without swelling.

After all, even he cannot ignore the risks of film investment.

For a commercial film, the production investment before obtaining the income stream is huge; there are also uncertainties in the film production process and final delivery; there are purchase and market risks in the distribution; the final market performance is still at risk.

In addition, considering the creative work required in the film planning, production and distribution stages, and the extremely difficult and complicated division of labor among many film workers, the film also has great routine risks.

And the most critical point, the film market is sometimes really hard to understand.

Even in Hollywood, only a very small number of film projects can go from planning to actual preparation and production stage. Not all of them can obtain the ideal distribution scale, and even fewer of them can make money.

To achieve this financing, Shahai Entertainment has played a considerable role in the huge reputation it has accumulated through its successful films.

Before 1998, this scale of financing was simply unimaginable for Shahai Entertainment.

It has to be said that, just like Sandsea Entertainment in the past, most companies in the Hollywood industry are small and unstable, with poor credit, resulting in extremely low financing capabilities.

This is a common problem in the industry.

The film industry lacks sufficient entry points and career paths. Most of the unconventional companies that have poured in may be full of confidence and talent, but they are very unreliable in actually operating film projects.

As is the case in Hollywood, the more unconventional the talented, the faster they die.

Mr. Anderson, happy cooperation!

In the business reception room of the Long-term Credit Bank of Japan, Matsubara Takuya signed the contract and stood up to shake hands with Ronan: I believe this is the successful beginning of our long-term cooperation!

After signing the contract, Ronan stood up and shook hands with Matsubara Takuya, saying, I am very happy to have reached a strategic cooperation with Long-Term Credit Bank.

The two laughed at the same time, as if they were very satisfied with this cooperation.

Takuya Matsubara shook hands with members of Ronan's team one by one, and Ronan politely shook hands with the executives of Long-term Credit Bank who participated in the signing ceremony.

Mr. Anderson, we have prepared a reception tonight. Matsubara Takuya said to Ronan: In addition to our personnel, many people in the local entertainment industry also hope to meet distinguished guests from Hollywood.

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